The job market in the US is booming, according to recent numbers from the Bureau of Labor Statistics (BLS), but low unemployment doesn’t necessarily bode well for businesses when it comes to their workers’ compensation-related risks.
The April 2019 report from BLS revealed that the unemployment level had declined from 3.8% in March to 3.6%, as total payroll employment increased by 263,000 for the month, and notable job gains occurred in professional and business services, construction, healthcare, and social assistance.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.